What is Phillips 66's Shariah compliance score?

Phillips 66 (PSX) has a Shariah compliance score of 76/100 (Grade: B+, Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Phillips 66 pass AAOIFI screening?

Phillips 66 (PSX) partially passes with caution AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (PSX: 27.1%), (3) interest-bearing deposits below 30% (PSX: 1.6%), and (4) prohibited income below 5% (PSX: 0.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Phillips 66 stock?

Phillips 66 (PSX) has a non-permissible income ratio of 0.11%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PSX shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Phillips 66 for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Phillips 66 (PSX) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about PSX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Phillips 66 (PSX) halal? Doubtful. Based on AAOIFI screening, Phillips 66 passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 76/100 (Grade: B+).

PSX: Is Phillips 66 Halal?

Doubtful

Phillips 66

NYSEEnergyUS

$167.17

-0.73%

AvoidBorderlineClean

Purify ~0.1% of income

About Phillips 66

Phillips 66 operates as a diversified energy company, specializing in both manufacturing and logistics. Its comprehensive business model is structured across four primary segments: Midstream, Chemicals, Refining, and Marketing & Specialties (M&S). The Midstream division manages the vital infrastructure for transporting and processing various energy commodities. This includes moving crude oil and other feedstocks, delivering refined petroleum products to market, offering terminaling and storage solutions, and handling natural gas liquids (NGLs) through processes like transportation, storage, fractionation, export, and marketing. It also provides fee-based processing services and oversees the gathering, processing, transportation, and marketing of natural gas. The Chemicals segment is dedicated to the production and distribution of a broad spectrum of chemical products. This encompasses olefins like ethylene, aromatics and styrenics such as benzene, cyclohexane, styrene, and polystyrene, alongside various specialty chemicals. These specialty products include organosulfur compounds, solvents, catalysts, and chemicals utilized in drilling and mining operations. Through its Refining segment, Phillips 66 transforms crude oil and other feedstocks into essential petroleum products. These include different grades of gasoline, distillates, aviation fuels, and renewable fuels, processed at its network of 12 refineries located in the United States and Europe. The Marketing & Specialties (M&S) segment focuses on the procurement, resale, and marketing of refined petroleum products like gasolines, distillates, and aviation fuels, primarily serving markets in the United States and Europe. This segment also manufactures and distributes specialized products, including base oils and lubricants. Phillips 66, founded in 1875, is headquartered in Houston, Texas.

Sector: Energy · Industry: Oil & Gas Refining & Marketing

Why This Stock Is Doubtful

Debt is 27.1% of market cap, only 2.9 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026

B+

Good

Good compliance with minor concerns

76Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap27.1% / 30.0%

Compliance History

Doubtfulnow
since Jun 2026
Halal
until the change above

Tracked since Jun 2026. Updates automatically on each re-screen.

Screened: Jun 17, 2026Fiscal: Q1 2026Source: FMP

Purify Your PSX Dividends

0.1% non-compliant income

PSX has 0.1% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

67.0B

Price

$167.17

Sector

Energy

Industry

Oil & Gas Refining & Marketing

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Frequently Asked Questions

Is Phillips 66 (PSX) halal to invest in?

Phillips 66 (PSX) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did Phillips 66 get a B+ compliance rating?

Phillips 66 (PSX) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 27.1% (limit 30%); interest-bearing deposits of 1.6% (limit 30%); prohibited income of 0.11% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Phillips 66's Shariah verdict?

Phillips 66's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Phillips 66 re-screened for Shariah compliance?

Phillips 66 (PSX) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 17, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.